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Development Authority Approves Taxable Revenue Bond for Equifax Expansion in Alpharetta
Summary
The Development Authority of Alpharetta unanimously approved a taxable revenue bond resolution to support Equifax’s renovation of the JVW 1 building at 1505 Windward Concourse, approving authorization for document execution and confirming project scope and tax-incentive limits.
The Development Authority of Alpharetta voted 6-0 to approve a taxable revenue bond resolution to support Equifax’s renovation of the JVW 1 building at 1505 Windward Concourse, the authority announced at its meeting. The resolution authorizes the authority’s chair to execute all documents necessary for the bond issuance.
The bond supports an Equifax plan to convert the third floor of the JVW 1 building from data-center space to workspace for the company’s corporate technology team. Charlie, an economic development staff member who introduced the item, said the project “will create approximately 244 new jobs and include a $25,000,000 capital investment in the renovations to the JVW 1 Building, improvements to the on-site parking deck, as well as…
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